NOT LISTED FOR SALE

1285 Summerland Key Unit LOT 140 Machesney Park, IL 61103

Estimated Value: $707,000 - $797,000

1 Acre
$745,026 Price per Acre
43,560 Sq Ft Lot

Last Sold January 23, 2015

Last sale price $113,000

Est. 559% increase in value since last sale

Current estimated payment $5,197/month

449 Days on Market

About This Lot

As of January 2015

BUILDABLE LOT IN PRESTIGIOUS RIVER KEY. 1 ACRE ON BOTH RIVER & CANAL. 400 FEET OF WATER FRONTAGE. GORGEOUS VIEWS! ENJOY YOUR LIFE ON THE WATER FRONT!

Last Agent to Sell the Property

Jeffrey Krueger

DICKERSON & NIEMAN License #475154567 Listed on: 10/01/2013

Co-Listed By

Vickie Krueger

DICKERSON & NIEMAN License #475128909

Last Buyer's Agent

John Peterson

Real Broker, LLC License #475130038

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,003

Lot Details

  • 1 Acre Lot
  • Waterfront

HOA Fees

  • $13 Monthly HOA Fees

Location

  • In Flood Plain

Schools

  • District 205-Rfd Elementary And Middle School
  • District 205-Rfd High School

Property Details

Property Type

Land

Est. Annual Taxes

$4,003

Lot Details

0

HOA Fees

$13 per month

Listing Details

  • Class: LAND
  • Front: 155
  • Grid: 11
  • Hoa Fee Frequency: Yearly
  • Legal Description: RIVER KEY NO 3 PAT SE 1/4 SEC 24-45-1 & PT SW 1/4 SEC 19-56-2 LOT 140
  • Located In Flood Plain: Yes
  • Lot Acreage: 1
  • Rear: 168
  • Type: Land
  • Buildable Lot: Yes
  • Min2 Story Sq Footage: 1200
  • Min Ranch Sq Footage: 1700
  • Other Bldg Requirements: Yes
  • Side L: 55
  • Side R: 280
  • Agent Only_ L A1 User Code: 6033
  • Elementary School: District 205-RFD
  • Pertinent Facts: BUILDABLE LOT IN PRESTIGIOUS RIVER KEY. 1 ACRE ON BOTH RIVER & CANAL. 400 FEET OF WATER FRONTAGE. GORGEOUS VIEWS! ENJOY YOUR LIFE ON THE WATER FRONT!
  • L O1 Brokerage Number: 478001315
  • L O2 Brokerage Number: 478001315
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • Sewer: City/Community
  • Water: City/Community

Condo/Co-op/Association

  • HOA Fees: 150

Schools

  • School District: Rockford 205
  • Elementary School: District 205-RFD
  • Middle School: District 205-RFD
  • High School: District 205-RFD

Lot Info

  • Land Features: Water Front

Tax Info

  • Year: 2013
  • Taxes: 4003

MLS Schools

  • HighSchool: District 205-RFD
  • School District: Rockford 205
  • Middle School: District 205-RFD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 9, 2024
Sold by
Vermeis David V and Vermeis Diane L
Bought by
Busch Donald K
Current Estimated Value
$745,026

Purchase Details

Listed on
Oct 1, 2013
Closed on
Jan 23, 2015
Sold by
Hendricks Paul J and Hendricks Michelle A
Bought by
Vermeis David V and Vermeis Diane L
Seller's Agent
Jeffrey Krueger
DICKERSON & NIEMAN
Buyer's Agent
John Peterson
Real Broker, LLC
List Price
$135,000
Sold Price
$113,000
Premium/Discount to List
-$22,000
-16.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.16%

Purchase Details

Closed on
May 25, 2012
Bought by
Hendricks Paul J and Hendricks Michelle A
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Busch Donald K $680,000 None Listed On Document
Vermeis David V $113,000 Mta
Hendricks Paul J $125,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/23/2015 01/23/15 Sold $113,000 -16.3% --
12/24/2014 12/24/14 Pending -- -- --
10/01/2013 10/01/13 For Sale $135,000 -- --
Source: NorthWest Illinois Alliance of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $15,309 $217,236 $64,443 $152,793
2023 $14,423 $189,345 $56,169 $133,176
2022 $14,326 $172,194 $51,081 $121,113
2021 $13,782 $157,180 $48,217 $108,963
2020 $13,771 $155,763 $46,207 $109,556
2019 $13,713 $144,473 $44,319 $100,154
2018 $9,111 $142,665 $42,321 $100,344
2017 $14,009 $135,038 $41,491 $93,547
2016 $12,927 $121,915 $40,018 $81,897
2015 $4,397 $39,245 $39,245 $0
2014 $4,272 $39,245 $39,245 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2015

    Jeffrey Krueger

    DICKERSON & NIEMAN

  • Vickie Krueger

    Seller Co-Listing Agent in 2015

    Vickie Krueger

    DICKERSON & NIEMAN

    (815) 243-0293

    2 in this area

    158 Total Sales

    Vickie Krueger
    Section Image
  • John Peterson

    Buyer's Agent in 2015

    John Peterson

    Real Broker, LLC

    (815) 289-5332

    11 in this area

    205 Total Sales

    John Peterson
    Section Image
See All Agents

Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 201306492

NorthWest Illinois Alliance of REALTORS®

APN: 08-19-301-014

Illinois Winnebago County Machesney Park 61103

1285 Summerland Key Unit LOT 140, Machesney Park, IL

This home is located at 1285 Summerland Key Unit LOT 140, Machesney Park, IL 61103 since 01 October 2013 and is currently estimated at $745,026. 1285 Summerland Key Unit LOT 140 is a home located in Winnebago County with nearby schools including West View Elementary School, Conklin Elementary School, and West Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

NorthWest Illinois Alliance of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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